In last trading session, Veru Inc (NASDAQ:VERU) saw 0.36 million shares changing hands with its beta currently measuring -0.48. Company’s recent per share price level of $0.77 trading at -$0.01 or -0.41% at ring of the bell on the day assigns it a market valuation of $113.12M. That closing price of VERU’s stock is at a discount of -149.35% from its 52-week high price of $1.92 and is indicating a premium of 53.25% from its 52-week low price of $0.36. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.54 million shares which gives us an average trading volume of 988.06K if we extend that period to 3-months.

For Veru Inc (VERU), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.60. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.07 in the current quarter.

Veru Inc (NASDAQ:VERU) trade information

Upright in the red during last session for losing -0.41%, in the last five days VERU remained trading in the red while hitting it’s week-highest on Wednesday, 09/25/24 when the stock touched $0.77 price level, adding 4.73% to its value on the day. Veru Inc’s shares saw a change of 7.33% in year-to-date performance and have moved -0.90% in past 5-day. Veru Inc (NASDAQ:VERU) showed a performance of -4.44% in past 30-days. Number of shares sold short was 12.52 million shares which calculate 27.43 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 80.75% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -289.61% in reaching the projected high whereas dropping to the targeted low would mean a loss of -289.61% for stock’s current value.

Veru Inc (VERU) estimates and forecasts

Statistics highlight that Veru Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 10.38% of value to its shares in past 6 months, showing an annual growth rate of 73.21% while that of industry is 12.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -15.40% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.56M for the same. And 4 analysts are in estimates of company making revenue of 3.17M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -19.79% during past 5 years.

Veru Inc (NASDAQ:VERU)’s Major holders

Insiders are in possession of 14.10% of company’s total shares while institution are holding 42.49 percent of that, with stock having share float percentage of 49.47%. Investors also watch the number of corporate investors in a company very closely, which is 42.49% institutions for Veru Inc that are currently holding shares of the company. ADAGE CAPITAL PARTNERS GP, L.L.C. is the top institutional holder at VERU for having 7.86 million shares of worth $6.61 million. And as of 2024-06-30, it was holding 5.3703 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 7.65 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.2267 of outstanding shares, having a total worth of $6.44 million.